Pertinent Category: Daily Economy

Defending Globalization

– December 9, 2023

“Only because people are eager to trade with people in different countries do governments feel the need to suppress this trade…Persons who erect these restraints understand that what they impose is not globalization – that would arise naturally – but economic nationalism.” ~Donald J. Boudreaux

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What if the First Great Age of Globalization Began 100 Years Earlier?

– December 9, 2023

“Given that the first era of globalization is tied in the imagination of many to rising and converging living standards, this argument amounts to saying that living standards could have surged earlier had free trade been more popular.” ~Vincent Geloso

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The West Should Strengthen Ties with Argentina’s New President Javier Milei

– December 8, 2023

Argentina just elected Javier Milei, a boisterous, wild-haired economist with a pro-market agenda to transform the nation’s economy. After decades of Peronist rule, Argentina is now home to the first libertarian head of state in modern history, a feat …

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Why Not Do Something Before Social Security Runs Out of Money?  

– December 8, 2023

“Any move toward improved fiscal responsibility and sustainability will be attacked as unfair. But every option is now unfair.” ~Gary M. Galles

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Epic Games Sues Google Play: Scared of Competition 

– December 7, 2023

“Google’s conduct does not prevent an innovator from making its own spot. Epic chooses to squander resources on legal actions, rather than developing better products for both vendors and consumers.” ~Peter Clark

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Why Ordinary People Enable Totalitarians, Part 1 

– December 7, 2023

“After the First World War in Germany, peace came with hyperinflation, which obliterated all wealth. The bonds of civilization fray during hyperinflation.” ~Barry Brownstein

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Untold Story: One Man’s Battle Against Nazi Ideology

– December 6, 2023

On this episode of Liberty Curious, Kate Wand and Samuel Gregg discuss the life and ideas of Wilhelm Röpke, an economics professor who was exiled from Germany in the 1930s for defending liberty and opposing the National Socialists.

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After Veterans Day

– December 6, 2023

“One would be hard-pressed to defend a military action in recent decades that has had a demonstrably immediate connection to protecting our way of life.” ~Paul Schwennesen

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Fake Meat: More Entrée or Agenda?  

– December 5, 2023

“The plant-based alternatives industry appears to be facing its first true market test and doing poorly. It is a much smaller market than producers perceived, due to the noisy signals and political distortions of Conspicuous Production.” ~Phillip W. Magness and Peter C. Earle

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Argentina’s Rampant Inflation, Explained (in One Chart)

– December 5, 2023

“Whichever definition one prefers to use — an expansion of the money supply which leads to price increases, or a broad and sustained increase in consumer prices — inflation is caused by the governments and central banks who control the money supply.” ~Jon Miltimore

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A Short Guide to ESG: Goals

– December 4, 2023

“ESG goals are not primarily about shareholder value and enterprise value. The goals are often counter to the interests of shareholders and large segments of society.” ~Paul Mueller

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Business Conditions Monthly October 2023

– December 4, 2023

“While we continue to impartially and vigilantly assess incoming data, our current analysis still points to a recession occurring before September 2024 as the most probable scenario.” ~Peter C. Earle

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